Property investors who have had real estate in Kent Town, 5067 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.38%
Our latest figures would indicate that property sellers in Kent Town are currently offering property investors an average price cut of -5.24% below the asking price at the moment.
At number 85 in a list of fastest selling suburbs, Kent Town is in the TOP 10% of suburbs in Australia with an average of days on market 39.8 for properties listed there.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 6.61%, investors should hope to achieve an overall return of 3.29%